We just covered the 10 Stocks That Will 10X According to Social Media. AST SpaceMobile (NASDAQ:ASTS) ranks #4 (see 5 Stocks That Will 10X According to Social Media).
Number of Hedge Fund Investors: 39
AST SpaceMobile (NASDAQ:ASTS) is building the first space-based cellular broadband network designed to work with ordinary, unmodified smartphones. Social media is excited about the stock because the total addressable market is enormous — the company has partnerships with AT&T, Verizon, Vodafone, and Japanese operators, and even modest adoption rates produce eye-catching revenue models. The business model runs through existing carriers, with AST SpaceMobile (NASDAQ:ASTS) taking a revenue share when subscribers roam outside terrestrial coverage.
However, bears are equally strong on the stock. The demand problem could be a serious hurdle. T-Mobile’s CEO recently stated that satellite usage represents just 0.0002% of their total network traffic, suggesting the dead-zone use case is far more niche than bulls assume. On the execution side, Q1 2026 revenues missed analyst estimates by $21.8 million, coming in at just $14.7 million, with actual service revenues of only $1.3 million. AST SpaceMobile (NASDAQ:ASTS) is burning roughly $48 million per quarter from operations, on top of $262 million in quarterly capex to build new satellites.
While we acknowledge the potential of ASTS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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